Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan - 2022

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan (CIF) - 2022
  2. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan (CIF) - 2022

The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $441 per ton in 2022, shrinking by -1.6% against the previous year. In general, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of 92%. As a result, import price reached the peak level of $845 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.7% per year.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan

In 2022, after two years of decline, there was significant growth in supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses, when their volume increased by 5.8% to 503 tons. In general, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses rose slightly to $222K in 2022. Over the period under review, imports, however, continue to indicate a deep setback.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China306214207215-11.1%
Others50.316.26.27.0-48.2%
Total356231213222-14.6%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Sudan in 2022:

  1. China (498.0 tons)

Source: IndexBox Market Intelligence Platform

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